Almost half of mothers with infants who have left the workforce cite childcare as a reason for moving, and 69% of women looking for a job go where the benefits of childcare go, according to a survey released Wednesday. Work that said it could influence the decision about what to do.
Survey of more than 1,000 workers by a consulting firm McKinsey & Company and Marshall Plan MomA campaign focused on the financial participation of mothers, research How Lack of childcare Drag the economy and keep tightening Already hot labor market..
“Companies are competing for talent,” said Reshmasaujani, the founder of Marshall Plan Forma’s and Girls Hocode, a non-profit organization that aims to bridge the gender gap in technology. “Our report shows that women can only be attracted to, maintained and promoted to the workforce by providing childcare allowances.”
Many executives and childcare activists wanted President Biden’s vast infrastructure plans to support the industry.However Simplified invoice The law was signed without a large investment in childcare. Saujani states that responsibility is currently in the private sector.
Most office workers and hourly workers do not have access to childcare allowances. 6% of hourly workers and 16% of office workers surveyed said they could use childcare subsidies. The same percentage of hourly workers, and even fewer office workers, reported that their employers provided reserve childcare or provided a flexible pre-tax spending account that could be used to pay for care. Approximately 30% of respondents said they have a flextime system.
Saujani’s campaign is with Patagonia Archewell, A production company founded by Duchess of Sussex, Prince Harry and Megan. To sign on, the company must provide or intend to provide childcare subsidies or benefits, Saujani said. Participating in a coalition allows companies to share and learn best practices with each other.
Synchrony, a financial services company that is part of the coalition, has found that offering employees creative childcare options can boost job satisfaction and flood job listings. ..
In the summer of 2020, the company created a virtual summer camp and was responsible for employee high school and college students continuing to occupy 3,700 campers in exchange for mentorship training and college credit. “We’ll send you a schedule for next week every Friday so workers can plan meetings around it,” Jewel said.
Fast Retailing USA, which operates apparel brands such as UNIQLO, Theory and Helmut Lang and is also part of the Union, has begun offering monthly childcare allowances of up to $ 1,000 to many employees, including store managers. Money can be spent in the way they deem appropriate, rather than being tied to a particular provider.
FAST RETAILING’s Chief Administrative Officer and Legal Advisor, Serena Peck, said: They saw first-hand that “the market is shrinking for good childcare” and “we felt we had to do something”.
